The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves. The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, according to a statement. SourceContinue Reading
In a first for both the region and the client, Strohm has completed fabrication of the first 13 water alternating gas injection (WAG) thermoplastic composite pipe (TCP) Jumpers for ExxonMobil’s Yellowtail field offshore Guyana. SourceContinue Reading
German energy company Uniper and Tourmaline Oil Corp., Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 MMBtu per day beginning in November 2028. SourceContinue Reading
The review comes as Namibia pursues first oil production from its Orange Basin discoveries by 2029 and is geared towards strengthening the competitiveness of investing in the country’s upstream petroleum sector. SourceContinue Reading
The strategic merger between Repsol Resources UK and NEO Energy is complete, in a deal that will create one of the largest producers on the UK Continental Shelf (UKCS). The combined group has been renamed NEO NEXT Energy Limited. SourceContinue Reading
EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. SourceContinue Reading
The ES valves are currently being piloted in live operating conditions at Upper Zakum and Das Island – key production fields with high operational and environmental expectations. Conducted in both onshore and offshore environments, the pilot aims to eliminate fugitive emissions. SourceContinue Reading
Woodside will assume operatorship of ExxonMobil’s Bass Strait assets in a historic deal that will unlock additional gas resources in Australia. As operator, Woodside will oversee asset planning, execution and production-boosting strategies. SourceContinue Reading
A new venue, a record number of exhibitors and more than 80 breakout sessions were all part of a new-look package for the more than 1,000 people – including oil and gas and pipeline operators and industry representatives – who attended the Railroad Commission of Texas’ 2025 Regulatory Conference. SourceContinue Reading
Petrobras posted a 5% rise in oil and gas production in Q2 2025 compared to Q1, a performance the company attributes to the ramp-up of several FPSOs. This quarter, Petrobras also reported the start-up of 14 new producing in the Campos and Santos basins. SourceContinue Reading
